First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) Short Interest Up 14.1% in August

First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) saw a significant increase in short interest in the month of August. As of August 15th, there was short interest totalling 8,100 shares, an increase of 14.1% from the July 31st total of 7,100 shares. Based on an average daily volume of 8,500 shares, the days-to-cover ratio is presently 1.0 days.

First Trust United Kingdom AlphaDEX Fund Price Performance

Shares of NASDAQ:FKU opened at $40.82 on Friday. The firm has a market capitalization of $69.39 million, a PE ratio of 12.45 and a beta of 1.18. The firm’s 50-day moving average is $39.28 and its two-hundred day moving average is $38.08. First Trust United Kingdom AlphaDEX Fund has a 1 year low of $30.01 and a 1 year high of $41.34.

First Trust United Kingdom AlphaDEX Fund Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were paid a dividend of $0.4464 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.79 annualized dividend and a yield of 4.37%.

Institutional Trading of First Trust United Kingdom AlphaDEX Fund

An institutional investor recently raised its position in First Trust United Kingdom AlphaDEX Fund stock. Rathbones Group PLC grew its stake in First Trust United Kingdom AlphaDEX Fund (NASDAQ:FKU) by 3.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,163 shares of the company’s stock after buying an additional 1,292 shares during the period. Rathbones Group PLC owned 2.24% of First Trust United Kingdom AlphaDEX Fund worth $1,399,000 at the end of the most recent reporting period.

About First Trust United Kingdom AlphaDEX Fund

The First Trust United Kingdom AlphaDEX Fund (FKU) is an exchange-traded fund that is based on the NASDAQ AlphaDEX United Kingdom index. The fund tracks a tiered equal-weighted index of 75 companies selected based on NASDAQs AlphaDEX selection methodology. FKU was launched on Feb 14, 2012 and is managed by First Trust.